MarketChess

Showing articles 61 - 70 (4266 total)

11Dec11:01 amEST

Fighting the Good Fight

Whereas smooth, bull market uptrends often raise expectations of market players to the point where they become accustomed to the market delivering a plethora of home run long trades and much excitement to the upside, corrective markets often lower those expectations over time to the point where we simply applaud a good effort by bulls.  This...

10Dec5:10 pmEST

Stock Market Recap 12/10/18 {Video}

The following video is a brief, condensed version of the Stock Market Recap which I present each evening to members of Market Chess Subscription Services. In the longer version, I offer tons of actionable trade ideas, educational content, and in-depth objective analysis across all markets. If you enjoy my videos and blog posts, then  please...

10Dec3:02 pmEST

Not Much Margin for Error Now

In the face of another potential leg lower for crude oil, with the USO ETF currently off by more than 3%, equities are sustaining an intraday bounce well off session lows. In fact, the Dow is back in the green as I write this after slumping by more than 400 points this morning. The QQQ ETF is up by roughly 1%, with various tech stocks shaking...

10Dec10:40 amEST

Get Some Distance from the Storm

Despite some continued relative strength in up-and-coming software growth issues (e.g. TWLO) this morning, the notable weakness in the large cap banks housed in the XLF ETF remain an unresolved issue for the broad market. And when we factor in the AAPL gap down off the QCOM court decision this morning, too, it is no wonder that an early bounce...

09Dec10:54 amEST

Sunday Matinée at Market Chess Cinemas

Despite only being three episodes in (with the fourth scheduled to air this evening), I can still confidently recommend Showtime’s mini-series “Escape at Dannemora,” starring Benicio Del Toro, Paul Dano, and Patricia Arquette.  Each episode is directed by Ben Stiller, who shows his range in this project as the quintessential behind-the-scenes...

07Dec2:12 pmEST

We've Got Fireworks

The recurring theme in this market seems to be that any exhilarating upside reversal, such as the one we saw intraday in the Nasdaq especially, has been rendered in vain. Indeed, today's price action is downright demoralizing on many fronts for bulls, as we are now right back down to our correction lows on most of the major averages.  The bad...

06Dec2:26 pmEST

Shaken and Stirred, Yet Unperturbed

Shares of TripAdvisor, Inc. continue to distinguish themselves this broad market correction from the other travel-related stocks such as BKNG (formerly Priceline), EXPE, and India's MMYT.  On the updated TRIP daily chart, below, today's relative strength on top of the general strength of the chart in general this correction may very well get...

06Dec10:45 amEST

That's All Right, That's OK, You're Gonna Work for Us Some Day

"That's all right, That's OK, You'll all work for us some day" – Cheer for when the Harvard football team was losing during the game. Was since banned for Harvard University Band  use by Harvard Administration. Much like the condescending, arrogant cheer by Harvard students at football games (not to mention preppy high schools around the...

04Dec10:11 amEST

Still Plugging Away

It may seem as though gold and her miners have completely shut down as a group, failing miserably to hold a rally for even a respite from the chop (at best), if not outright multi-year downtrend since the complex featured a spectacular rally in the first half of 2016. That 2016 rally may indeed now seem like a distance memory, but it is worth...

03Dec3:42 pmEST

Another Day at The Office for Burlington Coat Factory

Burlington, formerly known as Burlington Coat Factory, is yet another stealth retail play emerging as a new school leader in the sector, not unlike Canada Goose Holdings Inc. (GOOS).  After suffering a sharp drop to its rising 200-day moving average in the heat of the broad market correction, BURL recovered sharply after strong earnings and...

   3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11   
 
BackToTop
 

This website is intended for educational purposes only. | © 2019 MarketChess.com | All Rights Reserved | Website design by Saco Design | Superpowered by Site Avenger

mobile site | full site